'Powerful' Legco Would Have Nixed Metropolis Plan: CE

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-10-07 HKT 11:03

Share this story

facebook

  • 'Powerful' Legco would have nixed metropolis plan: CE

Chief Executive Carrie Lam said on Thursday that changes to the Legislative Council under new electoral arrangements mean now is the right time to put forward her plan to develop the northern part of Hong Kong into a new metropolis.

Appearing on a radio phone-in programme, Lam was asked why she didn’t propose the Northern Metropolis at the beginning of her term.

The CE said it would have been very difficult to get Legco approval earlier.

"In the past, the Legislative Council had great power. The council passed bills, amended laws and approved funding requests. I'll give you an example. We encountered a lot of difficulties when we introduced the co-location arrangement at the express rail station. It almost led to social unrest," she said.

"But recently, Legco quietly approved a co-location arrangement at Huanggang port. It’s obviously different. As Hong Kong’s situation is so good, I should make the most of the momentum and push ahead with the Northern Metropolis plan. If I did it three years ago, I would’ve been badly battered."

RECENT NEWS

Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity

Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more

BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom

BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more

Webinar: When Account Takeover Moves Past Onboarding

Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more

JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson

JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more

Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term

The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more

Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal

Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more